PEOPLE v. MERCER HICKS CORP.


4 Misc.2d 55 (1956)

The People of the State of New York, Plaintiff, v. Mercer Hicks Corporation et al., Defendants. George C. Kimber et al., as Trustees under the Will of Anne A. Kimber, Deceased, Claimants; Daniel J. Riesner, as Receiver, Respondent.

Supreme Court, Special Term, New York County.

October 2, 1956.


Attorney(s) appearing for the Case

Menahem Stim, Joseph D. Stim and Robert Ferraro for receiver, respondent.

John J. Meehan and Philip Mandel for claimants.


SAMUEL H. HOFSTADTER, J.

This action was instituted in 1950 by the Attorney-General in behalf of the People against the corporate defendant Mercer Hicks Corporation (Mercer Hicks) and the individual defendants under article 23-A of the General Business Law, commonly known as the Martin Act. By order of July 31, 1950, this court appointed a temporary receiver of property of Mercer Hicks derived "by means of fraudulent...

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